OpenAI CEO Sam Altman is planning to make a $1 million personal donation to President-Elect Donald Trump’s inauguration fund, joining a number of tech companies and executives who are working to improve their relationships the incoming administration.
OpenAI CEO Sam Altman has become the latest tech billionaire to signal allegiance to Donald Trump by pledging to donate to the president-elect's inaugural fund.
Altman's announcement comes after both Meta and Amazon announced plans to contribute $1 million to the inauguration.
Trump has been a vocal critic of tech companies, and he signaled earlier this month that he won't shy away from antitrust enforcement. The incoming president nominated Gail Slater, who advised Trump on tech policy during his first term, to head the Department of Justice's antitrust arm.
President-elect Donald Trump could be the "president of this AI generation" as he will take office at a time when critical infrastructure to developing artificial general intelligence (AGI) is built out,
Sarah Friar, Chief Financial Officer of OpenAI, said President-elect Donald Trump could be “president of this AI generation” as he will take over office just
Most notably, there’s co-founder Elon Musk, who now runs rival startup xAI, and is in the midst of a heated legal battle with OpenAI CEO Sam Altman.
The president-elect’s inaugural fund donors range from CEOs like Sam Altman and Ken Griffin, to Meta, Amazon, Bank of America and Goldman Sachs.
Donald Trump's second inauguration offers wealthy donors and big companies one final chance to make nice before Trump returns to power.
Companies ranging from finance majors to Silicon Valley behemoths are pledging donations to Donald Trump's inaugural fund as business leaders rush to ensure a favorable relationship with the U.S. president-elect after his November election win.
Mr. Altman and OpenAI have recently hired key executives who previously worked for the Clinton, Obama and Biden administrations.
Meta is the world’s standard bearer for open-weight AI. In a fascinating case study in corporate strategy, while rivals like OpenAI and Google have kept their frontier models closed source and charged for their use, Meta has chosen to give its state-of-the-art Llama models away for free.